First American Offers to Buy All or Part of CoreLogic
Santa Ana-based First American Financial Corp. has offered to buy back all or part of neighboring data services and analytics company CoreLogic Inc., the title insurance company said on Thursday. The two companies were created last year out of the split of First American Corp., in one of Orange County’s largest-ever spinoffs. The split was an attempt to separate and better promote CoreLogic’s growing technology-focused business from First American’s dominant title insurance line of business. First American Financial still owns about an 11% stake in CoreLogic and is its largest shareholder, according to regulatory filings. CoreLogic counts a market value [...]